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Land banks are a powerful tool to address vacant properties in rural communities, and West Virginia passed land bank enabling legislation in 2014. We spoke with Taylor Bennett , Executive Director of the West Virginia Land Stewardship Corporation (WVLSC). Bennett has served as the Executive Director of WVLSC since 2021.
Greening not only remediates physical conditions, but also can add value by repurposing lots to benefit communities. Because of its connection to many critical development and ecological issues, vacant land maintenance and greening have the potential to be catalysts for broader communitydevelopment and regeneration efforts.
CLTs provide a community ownership approach to providing affordable housing, trying to balance the homeowner desire to build equity with the community and societal desire to maintain an affordable housing stock and the desire of local governments and other funders to sustain housing intervention funding. Decker, Andrew.
Through this innovative program, one hundred percent of funding will be allocated to racially and ethnically diverse small business owners, women, and individuals in low- and moderate-income communities, with a focus on Black-owned small businesses.
Are you one of the 95 percent of banks that are underreporting communitydevelopment loans under the Community Reinvestment Act (CRA)? SHOWNOTES: CommunityDevelopment Loans Demystified with Krista Shonk, VP & Senior Counsel, Regulatory Compliance and Policy, Fair & Responsible Banking, ABA.
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